Fund Description
The Credit Suisse X-Links Gold Shares Covered Call ETNs (such exchange traded notes, the ETNs ) are senior, unsecured debt securities issued by Credit Suisse AG ( Credit Suisse ), acting through its Nassau Branch, that are linked to the return of the Credit Suisse NASDAQ Gold FLOWSTM (Formula-Linked OverWrite Strategy) 103 Index (the Index ). The Index seeks to implement a covered call investment strategy by maintaining a notional long position in shares of the SPDR Gold Trust ETF (GLD UP <Equity>) (the GLD shares ) while notionally selling monthly out-of-the-money call options on that position. We have listed the ETNs on The Nasdaq Stock Market ( Nasdaq ) under the ticker symbol GLDI .1 The ETNs should be purchased only by knowledgeable investors who understand the potential consequences of investing in a covered call strategy on GLD shares. The ETNs pay a monthly variable cash coupon based on the notional premiums received from selling the calls.
Fund Profile
Fund Name Credit Suisse X-Links Gold Shares Covered Call ETN
Fund Exchange Ticker GLDI
Fund Sponsor Credit Suisse
Fund ISIN US22542D4806
Net Expense Ratio 0.65 %
Fund Inception Date 1 February 2013
Fund Legal Structure ETN
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Commodities & Metals - Gold / Metals
Asset Class Commodities & Metals
Index Linked Passive
Index Name Credit Suisse NASDAQ Gold FLOWSTM 103 Index
Index Provider Credit Suisse
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Gold / Metals
Key Statistics
Return As of Date 15 October 2021
Asset Under Management 114.30 Million (USD)
1 Month Total Return 0.56 %
Year To Date Return -6.78 %
1 Year Total Return -5.34 %
3 Year Annualized Total Return 11.27 %
NAV 8.3949
Share Outstanding 13,615,900
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting